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Novell Will Be Acquired by Attachmate for $2.2 Billion, or $6.10 a Share

Posted by bigg on · 9 comments
Bloomberg.com; By Ville Heiskanen 		Mail this story
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Attachmate Corp., an investment group including Francisco Partners, Golden Gate Capital and Thoma Bravo, agreed to buy software maker Novell Inc. for about $2.2 billion in cash. Novell investors will get $6.10 a share, Attachmate said in a statement today. That’s 9.1 percent more than Novell’s closing price on Nov. 19. Novell will also sell some intellectual- property assets to a group technology companies led by Microsoft Corp. for $450 million.

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Comments (9)

herzeleid ·
"Novell will also sell some intellectual- property assets to a group technology companies led by Microsoft Corp. for $450 million."

This is a giant red flag, the DOJ ought to look into this - sounds like Novell may have just sold us out to microsoft, handing over materials they can use in their war on linux.
herzeleid ·
Ah, I see now that there is another thread on this same subject. Feel free to delete this whole redundant thread -
herzeleid ·
One thing I haven't seen clarified yet, and somebody feel free to clue me in if I missed it, is: "what about the ownership of unix - who gets that?"
jdixon ·
> ..."what about the ownership of unix - who gets that?"

"Attachmate is then going to get $450m to sell some unspecified intellectual property to a consortium called CPTN Holdings LLC"

We don't know for sure, but we can make some informed guesses.
hkwint ·
H: More articles following! Watch the newswire, there are some interesting articles coming.
herzeleid ·
Well this is fortunate -

Looks like microsoft doesn't get the unix copyrights...

http://www.novell.com/company/ir/message.html
hkwint ·
I think AttachMate would have been pretty stupid if they acquired "Suse Linux" but not the Unix Copyrights, that would've been asking for troubles...
herzeleid ·
Quoting:I think AttachMate would have been pretty stupid if they acquired "Suse Linux" but not the Unix Copyrights, that would've been asking for troubles...
Yes, one would think so.. but now it seems that Novell will keep the unix copyrights... so they become a shell company with no products, but holding the unix copyrights? I don't get it... what will their charter be?
jdixon ·
> I don't get it... what will their charter be?

Apparently they'll be a separate division of AttachMate.

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